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Google believes $1B investment in AOL is crumbling (Michael Liedtke/Associated Press)

August 7th, 2008 by


Michael Liedtke / Associated Press:

Google believes $1B investment in AOL is crumbling  —  SAN FRANCISCO - In an assessment that could lead to a substantial charge against its future profits, Google Inc. believes its $1 billion investment in advertising partner AOL is souring.  —  The Mountain View-based company disclosed …

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